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BB&T Corp

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  • NEW YORK, Nov 20- U.S. banks are taking on "incredible" risk in corporate and commercial lending, offering interest rates and terms that do not reflect potential losses, BB&T Corp Chairman and Chief Executive Kelly King said on Thursday. U.S. commercial banks had $1.74 trillion worth of commercial and industrial loans as of October on a seasonally adjusted basis,...

  • US STOCKS-Wall St little changed near record; banks slip Wednesday, 12 Nov 2014 | 12:30 PM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies lost ground after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup, which will pay $1.02 billion to settle the probe, dipped 0.8...

  • US STOCKS-Wall St slips from latest record; banks fall Wednesday, 12 Nov 2014 | 11:27 AM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies lost ground after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup, which will pay $1.02 billion to settle the probe, dipped 1.4...

  • US STOCKS-Wall St pulls back from records; banks dip Wednesday, 12 Nov 2014 | 9:54 AM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies lost ground after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup shares dipped 0.5 percent to $53.56 while the S&P financial...

  • US STOCKS-Wall St to retreat from record highs at open Wednesday, 12 Nov 2014 | 9:05 AM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies will be in focus after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup shares dipped 0.6 percent to $53.49 before the opening bell.

  • US STOCKS-Futures lower after latest Dow, S&P records Wednesday, 12 Nov 2014 | 7:41 AM ET

    NEW YORK, Nov 12- U.S. stock index futures were lower on Wednesday, putting major indexes on track to retreat after the Dow and S&P 500 closed at record highs for a fifth consecutive day. *Financial companies will be in focus after global regulators fined five major banks, including UBS, HSBC and Citigroup, $3.4 billion for failing to stop their traders from trying to...

  • Sept 24- Shares of Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland Group Plc, rose as much as 3.5 percent in their market debut, valuing the lender at about $12.5 billion in the biggest U.S. bank IPO since the financial crisis.

  • *Citizens shares priced at $21.50, below $23- 25 predicted range. LONDON, Sept 24- The biggest U.S. bank listing since the financial crisis got a lukewarm reception from investors, forcing Royal Bank of Scotland to cut the price of shares sold in Citizens Financial Group.

  • U.S. companies' borrowing to spend on capital investment rose in August, the Equipment Leasing and Finance Association said. Washington- based ELFA, a trade association that reports economic activity for the $827 billion equipment finance sector, said credit approvals totaled 79.5 percent in August, down slightly from 80.3 percent in July.

  • UPDATE 1-Citi sells more branches in Texas to BB&T Wednesday, 3 Sep 2014 | 10:44 AM ET

    Sept 3- Citigroup Inc agreed to sell another 41 branches in Texas to BB&T Corp as the third-largest U.S. bank cuts back on brick-and-mortar outlets and focuses on online banking. Citi said on Wednesday its branch network in Texas did not provide the scale to capture future growth and market share in traditional retail banking.

  • BB&T to buy 41 branches in Texas from Citi Wednesday, 3 Sep 2014 | 9:12 AM ET

    Sept 3- BB&T Corp agreed to buy 41 branches in Texas from Citigroup Inc, adding to the 21 it had acquired last December in the state from Citi.

  • Midday movers: Allergan, BB&T, McDonald's & More Monday, 21 Jul 2014 | 12:24 PM ET
    Trader on the floor of the New York Stock Exchange.

    Some of Monday's midday movers:

  • Early returns cheer during earnings deluge Monday, 21 Jul 2014 | 9:48 AM ET
    Traders work on the floor of the New York Stock Exchange.

    This week, a mother lode of second quarter earnings are due. Early results are giving Wall Street reasons to be encouraged.

  • Politics fade as earnings take over Friday, 18 Jul 2014 | 6:30 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.

  • Early movers: NFLX, WYNN, APP & more Tuesday, 1 Jul 2014 | 7:56 AM ET

    Some of the names on the move ahead of the open.

  • June 30- A South Carolina jury on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the company mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter. A spokeswoman for BB&T Corp and a lawyer for the plaintiff declined to comment.

  • June 30- A jury in a South Carolina state court on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the bank mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter.

  • Squawking 'Miller' time, eBay's Icahn truce & Zell Thursday, 10 Apr 2014 | 4:14 PM ET

    It's Talking Squawk, the official "Squawk Box" blog, this week with Bill Miller on bitcoin, a truce between eBay and Carl Icahn, and Sam Zell on taxes.

  • Your first trade for Thursday Wednesday, 19 Feb 2014 | 1:21 PM ET

    The "Fast Money" traders share their final trades of the day.

  • These card companies offer best fraud protection Monday, 3 Feb 2014 | 6:00 AM ET

    A new report finds that financial institutions are doing a much better job than retailers when it comes to credit card security.